safteystock_IFR_normal {inventorize}

safteystock_IFR_normal

Description

Calculating K value corresponding to item fill rate.

Usage

safteystock_IFR_normal(
  rate,
  quantity,
  demand,
  standerddeviation,
  leadtime,
  na.rm = TRUE
)

Arguments

rate

numeric, item fill rate.

quantity

numeric,quantity replinished every cycle.

demand

numeric,annual Expected demand of the SKU .

standerddeviation

numeric, standard deviation of the SKU during season.

leadtime

leadtime in weeks of order.

na.rm

Logical, TRUE to remove na.

Details

Calculating K value that corresponds to the desired item fill rate.

Value

a dataframe that contains calculations of K the item fill rate metric.cycle service level and expected unit short.

Note

this is the first version of the inventorize package, all the fucntions are basic knowlege for supply chain without any contribution from my side, the aim is to facilitate and ease much of the bookkeeping that is endured during stock analysis.

Author(s)

"haytham omar email: <[e-mail]>"

Examples

safteystock_IFR_normal(rate=0.97,quantity=9000,demand=100000,
standerddeviation=5000,leadtime=4,na.rm=TRUE)